The UAE’s international trade has achieved a remarkable milestone by surpassing the $1 trillion mark in its international trade in goods, highlighting its growing status as a major player in the global economy.
In a surprise turn of events, gold prices in the United Arab Emirates (UAE) have fallen from their one-year highs in the early hours of trading. This comes as a shock to many investors who were hoping that the precious metal would continue its upward trajectory. According to reports, gold prices fell by 1% in […]
The UAE government has recently announced tax relief measures for small businesses and startups in the country, including a reduction in registration fees and an exemption from income tax. This move is expected to make it easier for entrepreneurs to establish themselves, promote economic growth, and create new jobs.
The AECB has already taken steps to expand the credit score system in the UAE by launching the “Credit Club” to enable individuals to monitor their credit score for free.
Etihad Airways and China Southern Airlines have signed a Memorandum of Understanding (MOU) to explore opportunities for cooperation between the two airlines.
Fairmont, one of the world’s leading luxury hotel brands, has relocated its headquarters from Paris to Dubai, in a move that reflects the growing importance of the Middle East in the global hospitality industry.
Dolce&Gabbana and Dar Global have teamed up to launch a new luxury resort in the Maldives, featuring villas and suites in the signature Dolce&Gabbana style, plus amenities such as a spa, restaurants, and bars.
The Chairman of UBS, Axel Weber, has revealed that the integration of Credit Suisse may take up to four years. This comes in the wake of the fallout from the Archegos Capital Management and Greensill Capital crises, which hit the two Swiss banks hard. In a recent interview, Weber stated that the “Credit Suisse case […]
ADNOC is preparing for an IPO of its logistics unit, ADNOC Logistics & Services (ADNOC L&S), to raise about $1 billion and support its ambitious growth plans.
The agreement between Baghdad and Irbil to resume oil exports from northern Iraq is a positive development for Iraq and the global oil market.